1/60 Tanner St, Breakwater is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 270m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
A great opportunity for the astute purchaser or investor to secure this immaculate 2 bedroom unit located within the tightly held pocket of Breakwater with easy access to Geelong s CBD & Surf Coast. This location has so much potential for further growth being so close to the surrounding suburbs & infrastructure of Belmont & Newcomb.
The unit is currently tenanted with quality tenants on a periodic lease at $280 per week. The property presents as new boasting the latest toning throughout and complimented with quality fittings and fixtures.
The open plan design features a functional floor plan with a combined living area, adjacent tiled meals area, and fully equipped kitchen. The 2 bedrooms both with built in robes and a convenient two way bathroom plus separate toilet and laundry facilities.
The size of Breakwater is approximately 3.1 square kilometres. It has 7 parks covering nearly 32% of total area. The population of Breakwater in 2011 was 1,059 people. By 2016 the population was 1,030 showing a population decline of 2.7% in the area during that time. The predominant age group in Breakwater is 20-29 years. Households in Breakwater are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Breakwater work in a trades occupation. In 2011, 62.4% of the homes in Breakwater were owner-occupied compared with 60.8% in 2016.
Breakwater has 1,096 properties. Over the last 5 years, Houses in Breakwater have seen a 30.90% increase in median value, while Units have seen a 14.20% increase. As at 30 September 2024:
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